Canadian carrier Mullen Group Ltd. reported record revenue but saw profits decline in the third quarter.
November 5, 2021Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Revenue Rises, Profit Drops for Mullen Group in Q3
Texas Expands CDL Testing to 6 Days a Week
Texas is expanding truck driver license testing to six days a week in response to a nationwide shortage that has contributed to supply chain snarls across the economy.
UPS, TuSimple Expand Partnership
UPS and TuSimple plan to expand their relationship by adding routes where TuSimple will move cargo in autonomous Class 8 trucks in the southeastern and western U.S.
Supply Chain Delays Disrupt California Agriculture Exports
Amid an historic drought posing threats to future harvests, California farmers now say they have no way to export the crops they do have because of a kink in the global supply chain that has left containerships lined up off the Southern California coast with nowhere to deliver their goods.
VW CEO Tells German Workers Tesla Factory Will Threaten Jobs
Volkswagen AG CEO Herbert Diess urged German workers to prepare for a deeper overhaul to remain competitive when Tesla Inc. ramps up vehicle production at its first European factory outside Berlin next year.
XPO Reports Record Revenue, but Issues in LTL for Q3
XPO Logistics Inc. reported the highest revenue in its history Nov. 2, but noted some challenges with less-than-truckload performance for the third quarter.
Freight Stakeholders Seek Supply Chain Action From Biden
WASHINGTON — American Trucking Associations joined nearly 100 freight stakeholders in calling on President Joe Biden to amplify his administration’s response to ongoing supply chain woes nationwide.
New Utah Inland Port Seen as 'Relief Valve' for West Coast Facilities
Just 60 miles south from one of the most famous locations in American transportation history, Promontory Point, Utah, a new transportation and logistics center is open for business and still being built out.
CMA CGM Near Deal to Buy California Terminal Operator
CMA CGM SA, one of the world’s largest shipping companies, agreed to buy Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, in a deal with an enterprise value of $2.3 billion.
ArcBest Reports Record Revenue for Q3
ArcBest saw its highest quarterly revenue and operating income in its history during the third quarter, the company reported Nov 2.